Q: An amendment for $ for repairs was not added to closing when selling my house. Closed 5 weeks ago. Do I owe the money?
Signed an amendment for 1200$ to be left in escrow for repairs. Closed on selling the house. Now 5 weeks later realtor contacts me asking to give buyer 1200$. Apparently their realtor failed to submit it to the title company and the money wasn’t left in escrow. Am I legally required to just hand over the money now?
A: If the title company released the $1200 to you already, because the agent failed to notify them, then it is the agent's problem -- unless you feel obliged to refund it for the buyer to make repairs. You aren't "legally" required to pay anything until someone files a lawsuit and a court issues an order requiring you to pay. But you might have signed a document at closing agreeing to correct any clerical mistakes. Review all your closing documents Talk to the real estate agents and try to get them to work it out.
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